Netweb Technologies India Limited announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a substantial increase in revenue, reaching ₹13,232.79 crore for the quarter, a 63% rise compared to the same period last year. Profit before tax also saw significant growth, standing at ₹1,826.49 crore. The company also approved the incorporation of a wholly-owned subsidiary in Taiwan.
Netweb Technologies India Reports Strong Q2 FY27 Financials
Netweb Technologies India Limited has disclosed its unaudited financial results for the second quarter and the first half of the fiscal year ending September 30, 2026. The company demonstrated robust financial performance, with revenue from operations for the quarter reaching ₹13,232.79 crore. This represents a significant increase of 63.28% when compared to the revenue of ₹8,196.86 crore recorded in the corresponding quarter of the previous fiscal year.
Profitability Boosts in Q2 FY27
The company’s profitability also saw a marked improvement. Profit before exceptional items and tax for the second quarter of FY27 stood at ₹1,826.49 crore, a substantial jump from ₹1,141.38 crore in Q2 FY26. This growth underscores the company’s expanding operational efficiency and market penetration. The total comprehensive income for the period also surged to ₹1,368.78 crore.
Half-Year Performance Shows Strong Momentum
For the half-year ended September 30, 2026, Netweb Technologies India reported total income of ₹21,590.78 crore, with revenue from operations amounting to ₹21,429.65 crore. Profit before exceptional items and tax for the half-year reached ₹2,967.87 crore. The company’s earnings per share (EPS) also showed a positive trend, with basic EPS at ₹4.11 for the half-year.
Strategic Expansion into Taiwan Approved
In addition to its financial achievements, the Board of Directors also approved a strategic proposal to incorporate a wholly-owned subsidiary in Taiwan. This move is aimed at expanding the company’s global footprint and exploring new market opportunities. The incorporation process is pending initiation, with specific details to be provided as they become available.
Auditor’s Limited Review
The accompanying unaudited financial results have undergone a limited review by the statutory auditors, S S Kothari Mehta & Co. LLP. The auditors concluded that, based on their review, nothing has come to their attention that causes them to believe the financial statements are materially misstated and that they comply with applicable accounting standards and SEBI Listing Regulations.
Source: BSE
